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Thread: Obama: I'll cut $4 trillion

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    our present economic strife will be nothing compared to what we will go thru if confidence in the dollar is lost.
    Toxic Dollar

    Traders Short Dollar as Currency Loses Attraction

    what are the slasher's solutions?

    leadership, anyone?

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by The Prof View Post
    Toxic Dollar

    Traders Short Dollar as Currency Loses Attraction

    what are the slasher's solutions?

    leadership, anyone?
    it was in his most recent address
    restore fiscal soundness
    anything more evident would be found in a child's pop-up book
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    justabubba;1059412232]i suspected that if i stayed around this forum long enough i might finally find a point with which you and i agree
    it happened
    tax cuts do take away government power
    Right, it gives people more money so they don't need that so called govt. "help."

    without adequate revenues the government would not be able to defend our nation
    Right, the current budget is 3.7 trillion dollars and defense is 700 billion. Current tax revenue are more than enough to cover defense even with the tax cuts. Where do you get your information?


    without adequate revenues the government would not be able to offer assistance to those who are without the ability to care for themselves
    That isn't the Federal Government's role. that is the state, local, and charities responsibility. Why do we have independent states? What did our Founders believe when they said, PROMOTE domestic welfare?


    without adequate revenues the government would be unable to educate our next generation to assure we remain globally competitive
    Now I am getting really scared? Education is a state and local responsibility controlled by the people, not the politicians in D.C. Where is Federal Responsibility for education listed in the Constitution? you have been brainwashed. What do you pay state and local taxes for?

    without adequate revenues the government government would be unable to install, maintain and replace critical infrastructure essential to the economic life of our nation
    Every time you drive your car and fill up with gasoline you pay excise taxes on gasoline, that is to fund the roads and infrastructure. You really need to get better educated about the role of the Federal and State Governments as well as where your tax dollars go.

    what seems lost on those in the reich wing is that to once again realize a revenue surplus would be a good thing, so that we could show the world our economic house is in order and thus preserve the integrity of the US dollar. and this is vitally important. no one on these boards was around when the dollar was not the dominant international currency. few seem to have an appreciation for the massive advantage that currency domination gives our nation. our present economic strife will be nothing compared to what we will go thru if confidence in the dollar is lost. that $100 bill we print for a few pennies yields a huge equity - and a huge international economic advantage ... an advantage which will be forever lost if the profligate spending of the democrats AND republicans does not come to an end. that inappropriate spending includes the giving of tax breaks to millionaires and billionaires at a time when we have to borrow money from other nations to operate our government's essential functions
    Welcome to the European Socialist model that has destroyed the economies and currency of Europe. It isn't the Federal Government's role to do what you suggest in your post. Again, the govt. allowing people to keep more of what they earn isn't giving them anything. The brainwashing here is scary. We borrow money because the Federal Govt spends too much on issues that isn't their responsibility. You are exactly the kind of person I have been talking about, someone very naive when it comes to Federal Responsibility.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Conservative View Post
    Every time you drive your car and fill up with gasoline you pay excise taxes on gasoline, that is to fund the roads and infrastructure. You really need to get better educated about the role of the Federal and State Governments as well as where your tax dollars go.
    And have you driven recently? Roads and infrastructure aren't exactly in good shape. At least not here, there's major city streets that are down to the cobblestones in Minneapolis. I'm not joking, at 42nd St. and Cedar Ave you can see the old streetcar tracks. We're off-roading in the middle of a major American city.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by rocket88 View Post
    And have you driven recently? Roads and infrastructure aren't exactly in good shape. At least not here, there's major city streets that are down to the cobblestones in Minneapolis. I'm not joking, at 42nd St. and Cedar Ave you can see the old streetcar tracks. We're off-roading in the middle of a major American city.
    That isn't a revenue problem that is a spending problem, Excise taxes like SS have been put on budget and have been spent as part of total govt. spending. Neither are spending as intended and that is the point

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Conservative View Post
    That isn't a revenue problem that is a spending problem, Excise taxes like SS have been put on budget and have been spent as part of total govt. spending. Neither are spending as intended and that is the point
    I know, I'm just sick of blowing out my car's suspension every time I drive the kids to school.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by rocket88 View Post
    I know, I'm just sick of blowing out my car's suspension every time I drive the kids to school.
    Don't blame you but raising taxes isn't the answer, spending the dollars as they were intended is. Too many people don't seem to understand that both SS and Excise taxes are put on budget and have been spent on everything other than SS and roads. Politicians continue to lie to the people and some keep "eating" those lies up. Just read the posts here, "tax cuts destroy roads, destroy seniors, starve kids, pollute the air" all bs as spending the money intended for those programs on other issues destroys those issues.

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    Last edited by The Prof; 04-15-11 at 01:37 PM.

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    Re: Obama: I'll cut $4 trillion

    i suspected that if i stayed around this forum long enough i might finally find a point with which you and i agree
    it happened
    tax cuts do take away government power
    Right, it gives people more money so they don't need that so called govt. "help."
    if only you were correct. then we would not need government funding for a social safety net to assist those who are in no position to assist themselves. but the reality that you and those of your ilk prefer to ignore is that there are huge numbers of our people who need assistance thru no fault of their own. your kind would prefer that they go away, never to be seen so that you don't have to view their plight. but that is an unrealistic expectation. despite the fact that there is a genuine need for our society to care for the least among us - notice that Christian value - the reich wing makes no provision for their care. it's worse actually, they rail against the expenditures of taxpayer dollars to fund this genuine need. each one of them should be required to forfeit their wwjd bracelet

    without adequate revenues the government would not be able to defend our nation
    Right, the current budget is 3.7 trillion dollars and defense is 700 billion. Current tax revenue are more than enough to cover defense even with the tax cuts. Where do you get your information?
    another area where there is a chasm between our views. your cohort has no problem spending a $Trillion of borrowed money and too too many young American lives to take out a two bit dictator (we formerly propped up) while simultaneously allowing our infrastructure, education and economy back home to decay. that war had nothing to do with self defense. which tells me that we allocate too much money for the military. here is an extra point question. how many military facilities does the USA maintain, both in the USA and abroad ... and why are those military facilities in foreign lands essential to our self defense?

    without adequate revenues the government would not be able to offer assistance to those who are without the ability to care for themselves
    That isn't the Federal Government's role. that is the state, local, and charities responsibility. Why do we have independent states? What did our Founders believe when they said, PROMOTE domestic welfare?
    this one is too easy. if the states and local communities were addressing this problem then there would be nothing for the federal government to have to care for. unfortunately, that is not the reality. notice how we keep coming back to your kind refusing to acknowledge reality. the mascot of the GOP should actually be an ostrich

    without adequate revenues the government would be unable to educate our next generation to assure we remain globally competitive
    Now I am getting really scared?that is what republicans do best
    Education is a state and local responsibility controlled by the people, not the politicians in D.C. Where is Federal Responsibility for education listed in the Constitution? you have been brainwashed. What do you pay state and local taxes for?
    just as with providing for the least among us, the states and local communities have not fully addressed the educational needs of our nation, causing the federal government to also have a role. now, since the state and local governments pony up 89.2% of the total cost of elementary and secondary education, the participation by the federal sector is comparably small - but certainly present. notably, those federal dollars are not just provided by the department of education but also HHS (head start) and agriculture (lunch program). the administrative cost of the department of education is about 1-2%, meaning that at least 98 cents of each tax dollar goes into the local school systems. given the disparity of educational attainment because there is no centralized focus, there are some of us who believe that there is insufficient federal involvement in the education system, resulting in 30% of our society not graduating from high school. but then, you must be OK with that inadequacy and don't mind paying the subsequent costs of incarceration and government support required disproportionately by those with the least education. as utah's signature reads, if you think education is expensive, try ignorance

    without adequate revenues the government government would be unable to install, maintain and replace critical infrastructure essential to the economic life of our nation
    Every time you drive your car and fill up with gasoline you pay excise taxes on gasoline, that is to fund the roads and infrastructure. You really need to get better educated about the role of the Federal and State Governments as well as where your tax dollars go.
    i missed the post where i insisted there was no excise tax. please point it out
    if our infrastructure was sound and nothing more needed to be constructed or maintained then we would be able to acknowledge that the excise tax was sufficient to cover our nation's infrastructure costs. so, are you telling us that we need no more roads paved, or resurfaced, no more mass transit built and maintained, no more airports built or upgraded, no more ports enhanced to accommodate ever larger ships, no more waterways dredged? if so, then your position is sound. but if the reality is that all of those things continue to be needed but are not being done, then i will submit that the present excise tax is found insufficient to keep up


    what seems lost on those in the reich wing is that to once again realize a revenue surplus would be a good thing, so that we could show the world our economic house is in order and thus preserve the integrity of the US dollar. and this is vitally important. no one on these boards was around when the dollar was not the dominant international currency. few seem to have an appreciation for the massive advantage that currency domination gives our nation. our present economic strife will be nothing compared to what we will go thru if confidence in the dollar is lost. that $100 bill we print for a few pennies yields a huge equity - and a huge international economic advantage ... an advantage which will be forever lost if the profligate spending of the democrats AND republicans does not come to an end. that inappropriate spending includes the giving of tax breaks to millionaires and billionaires at a time when we have to borrow money from other nations to operate our government's essential functions
    Welcome to the European Socialist model that has destroyed the economies and currency of Europe.this had nothing to do with socialism. if you will notice, those countries with strong socialist practices are often found to be among the most desirable nations in the world in which to live. what allowed the US dollar to become dominant was our industry ... that and we were the only intact industrial power after WWII ... and significantly, until the regan era, our nation practiced sound fiscal policy
    It isn't the Federal Government's role to do what you suggest in your post. you have yet to tell us why it is not government's role. defend your statement. please. i welcome the challenge
    Again, the govt. allowing people to keep more of what they earn isn't giving them anything.i keep seeing this from those of you on the far right. that is like saying the utility company which receives your money as payment for an obligation you owe for its goods/services is taking your money
    your tax bill - your tax payment to the government - is just another obligation you have incurred for living in this great nation. once that bill comes in and you pay it, then it has become the government's money legitimately. there is NO TAKING what is yours. you have every right to leave our shores and go elsewhere where you will no longer be subject to USA taxation. by continuing to reside in the USA by your own free will you are subjecting yourself to receiving a tax bill for government services/goods rendered. and let me offer my own opinion. that tax money you pay over to uncle sam is the best bargain you will ever enjoy. which is why i insist on responding to those who whine about it

    The brainwashing here is scary.there you go again, exhibiting that republican trait of being scared of those things which should not be found fearful
    We borrow money because the Federal Govt spends too much on issues that isn't their responsibility.
    and this is where we have exhibited our vast differences of opinion. you think government should have an extremely limited role while i believe government provides an economy of scale which allows our society to provide those things that make living in our nation so wonderful
    You are exactly the kind of person I have been talking about, someone very naive when it comes to Federal Responsibility.
    i am many things, but i do not believe naive is among them. you know little about me other than what i have posted. my belief is your choose to refer to me as naive only because you are without the means to undermine my arguments. but again, i challenge you to prove me wrong. please. i welcome it
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Chappy View Post
    Obama looks to be ‘owning’ to me.
    Okay, he owns you.

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